Have just been to the AGM. The management are very bullish about this development which may mean an earlier cash flow from shipments of DSO ore. However the construction of a 170km haul road across some pretty horrible country will be an interesting exercise! Perhaps WDR needs to talk to Sherwin Iron about combining their infrastructure requirements either west to the railway line or east to the coast. The market reaction is telling with a drop of 15% so far today. Is the option of transporting the beneficiable ore by pipeline to Maria Island still open??
WDR Price at posting:
41.2¢ Sentiment: Hold Disclosure: Held
